China’s Ant Group Buys Singapore-Based Payment Firm 2C2P
The overseas deal comes at a time when Ant's business in China is going through major changes due to the Chinese government's regulatory crackdown.
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SoftBank’s $8 Billion Latin America Funds Lose Two Managing Partners
The departures come after Marcelo Claure, one of SoftBank's top executives who created the Latin America funds, left the company earlier this year.
Alibaba Reportedly Mulled Spinoff of Cloud Business
Alibaba is considering its options as the regulatory environment in China appears to increasingly favor cloud providers with close government ties.
Andreessen Horowitz Unveils Accelerator Program
Venture capital firm Andreessen Horowitz is investing up to $1 million in "pre-idea" startups.
DoorDash Shortens Equity Vesting Schedule to Two Years
DoorDash is the latest tech firm to abandon the traditional four-year vesting period for employee equity grants.
CNN’s Incoming President Says He is Going Off Twitter
Chris Licht said when he starts as head of CNN in May, he will no longer use Twitter.
Didi Sets May 23 for Shareholder Vote on U.S. Delisting
The Chinese ride hailing company said it won’t apply to relist in any other stock exchange until after the vote.
Two More Startups Cease Operations As VC Investors Step Back
More than a dozen startups have folded so far this year, according to technology data provider CB Insights.
Gopuff Hires Former Amazon Exec Maria Renz to Lead U.S. Business
Renz's hire comes amid a recent round of layoffs at Gopuff and a delayed public offering.
Twitter Adopts Poison Pill to Block Musk
The move comes as Twitter's board is likely looking for alternatives to Musk's bid.
Synopsys Under Investigation for Exporting Tech to Huawei Unit
The investigation shows the risk for American companies in working through joint ventures in China.
Amazon CEO Andy Jassy Addresses Worker Safety in First Shareholder Letter
There have been a string of reports highlighting both minor and major injury issues within Amazon’s network in recent years.
Peloton’s CEO Bets on Price Changes to Revive Sales Growth
The fitness equipment seller's announcement comes a day after an activist investor has urged the company to sell itself.
Elon Musk Suggests Open-Sourcing Twitter Algorithm, Reducing Content Moderation
Musk’s vision for Twitter entails ensuring Twitter is “an inclusive arena for free speech.”
Alphabet and Large U.S. Companies Move Russian Workers to U.A.E.
American companies are trying to move workers safely out of Russia as it continues to attack Ukraine
Musk Launches Takeover Offer for Twitter
Musk bid $54.20 a share for Twitter, valuing it at $43 billion.
WhatsApp Gets Approval to Roll Out Payments to 100 million In India
The regulatory approval marks a win for WhatsApp but still falls short of their goal of offering the service to all of its 500 million users in India.
China’s Top Anti-Corruption Agency Part of Probe Into Jack Ma’s Ant Group
The Central Commission for Discipline Inspection was looking into the online finance giant’s connections with state banks and enterprises.
California Governor Newsom Accused of Interfering in Activision Discrimination Case
One of the lead California state lawyers on the case resigned in protest.
Amazon Will Start Charging Merchants a 5% Fuel and Inflation Fee
Amazon announced Wednesday that it will levy a new fee on sellers who use its fulfillment services in order to offset rising fuel and other costs.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy